Apple iPad was launched a few hours ago, starting from just $499. The Apple Media Event was held at the Yerba Buena Center for the Arts Theater in San Francisco.

iPad features a 9.7-inch touchscreen display, powered by a 1GHz Apple A4 processor. This device is just 0.5 inch thick and weighs not more than 1.5 pounds. For a complete overview with specifications and price details, click here.